City government · McCook County, SD

Salem's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Salem took in $2.3 million and spent $1.8 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes48%Fees for services (water, sewer)43%Fines and other6.2%State tax money2.7%Federal tax money0.3%

What stands out

27%

of Salem's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes48%

Sales tax
27%$621 thousand
Property tax
17%$382 thousand
Other taxes
3.4%$76 thousand
What's in other taxesMotor vehicle licenses; other licenses and 2 more
  • Motor vehicle licenses$57 thousand
  • Other licenses$9 thousand
  • Alcoholic beverage licenses$8 thousand
  • Other taxes not classified elsewhere$2 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$974 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$474 thousand
  • Sewer$331 thousand
  • Garbage collection$106 thousand
  • Other service charges$40 thousand
  • Parks and recreation$23 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.3%$6 thousand

State tax money2.7%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
2.7%$61 thousand

Fines and other6.2%

Interest, rents and other
6.1%$138 thousand
Fines
0.1%$3 thousand

Where it goes

Water, sewer, trash and utilities25%Roads, transit and parking25%Running the government and other costs19%Police, fire, courts and jails11%Parks, recreation and libraries11%All other spending9.9%

What stands out

10%

of Salem's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
25%$463 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$269 thousand
  • Sewer systems$107 thousand
  • Garbage and solid waste$87 thousand
Roads, transit and parking
25%$458 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$458 thousand
Running the government and other costs
19%$338 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$159 thousand
  • Finance, tax collection and budgeting$132 thousand
  • Central staff services (personnel, purchasing, technology)$27 thousand
  • Other and not broken out$20 thousand
Police, fire, courts and jails
11%$195 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$94 thousand
  • Fire protection$81 thousand
  • Courts and legal services$18 thousand
  • Inspections and regulation$2 thousand
Parks, recreation and libraries
11%$192 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$191 thousand
  • Libraries$1 thousand
Interest on debt
9.6%$175 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$140 thousand
  • Interest on water supply debt$35 thousand
Health and hospitals
0.3%$6 thousand
What's in health and hospitalsPublic health
  • Public health$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Salem. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Salem itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.